It's a pity that Mr. Gans misses the chance to cover the most interesting question an economist might address in the parenting arena: Why he decided to have children in the first place? They're no longer an economic asset, after all. So is human reproduction nowadays irrational? Is it even ethical? If a pill is invented that would confer the joys of parenthood without all the mess or expense, should people take it? Dreary speculation, I know, but what better topic for the dismal science?Bryan's answer to (i) is because we like them. The rest follows. Read on.
Friday, March 27, 2009
More answers for Akst
Bryan Caplan, who is authoring a book that I have termed, "The Real Parentonomics," provides an answer to this question from Daniel Akst at the end of his WSJ review of Parentonomics.